News Headlines

Inflow of Foreign Investment Shows We’re Progressing – Nana Addo

President Akufo-Addo has said the show of interest by multinational companies in doing business in Ghana indicates that the country is on the path of progress.

According to him, the government has put in place adequate measures to attract more investors into the country hence the rush.

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 “Siemens to Establish Presence in Ghana Soon” – President Akufo-Addo

President Nana Addo Dankwa Akufo-Addo, says German conglomerate company, Siemens AG, which is the largest industrial manufacturing company in Europe, will soon announce its decision to establish a presence in Ghana. 

Siemen’s decision, together with that taken by German car manufacturing giant, Volkswagen, to establish an assembly plant in Ghana soon, President Akufo-Addo stressed are testament to the efforts Government has put into creating the necessary environment for the private sector to flourish. 

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German Firm Signs €8m Agreement with Ghana’s Agricare

Germany’s leading manufacturer and supplier of specialist and compound, feeds, HL Hamburger Leistungsfutter GmbH, has signed an €8 million agreement to invest in Ghanaian company, Agricare Ltd. The investment from HL Hamburger into Agricare comprises full technology transfer in animal feed formulation and sales.  It is also to enable Agricare utilise more locally produced raw materials in the formulation of feeds.

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Ghana Committed to Moving Forward Without Aid – Bawumia

Ghana is pursuing an “aggressive private sector-led investment drive” to fulfil a commitment by the government to reduce dependency on aid, Vice President Mahamudu Bawumia, has said.

The move “Ghana beyond aid” is being driven by President Nana Akufo-Addo, who wants the country to use its vast natural resources to fund its development.

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German Investors to Test Opportunities in Ghana

The Government of Ghana in partnership with the International Finance Corporation, a member of the World Bank Group, will co-host a G20 Compact with Africa Germany Ghana Investors Forum on Thursday, 4 October.

According to a release by ACET and copied to, the Forum, which will be held simultaneously in Accra and Berlin, is aimed to introduce German investors to investment opportunities in Ghana, while facilitating a dialogue between the German private sector and Ghanaian public and private sector stakeholders.

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